BDX Options History — December 2022

In December 2022, BDX traded between $191.87 and $202.07. ATM implied volatility averaged 21.3%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 2.6% (HV 20d: 24.0%). Max pain ranged from $180.82 to $196.54. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.96.

Notable Days

  • 2022-12-07: Highest Volume — 5,812 contracts
  • 2022-12-30: Largest IV spike — 5.9% change
  • 2022-12-30: Highest IV Rank — 26.1%
  • 2022-12-13: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$197.36$191.87$202.07$197.58$199.72
Max Pain$188.68$180.82$196.54$180.82$196.54
ATM IV21.3%20.1%22.9%20.5%22.9%
Expected Move6.2%5.6%6.7%5.8%6.2%
HV 20d24.0%16.3%31.7%31.7%16.5%
HV 60d28.2%25.9%29.6%29.4%26.0%
IV Rank16.6%9.4%26.1%11.7%26.1%
IV Percentile17.5%4.8%34.5%9.1%34.5%
Term Structure0.9%-0.7%2.7%-0.6%2.4%
VWIV21.9%19.7%25.5%19.7%21.6%
Skew 25d3.4%1.7%4.5%3.6%1.7%
Skew 10d6.4%2.3%10.4%5.7%5.7%
Call IV 25d20.1%18.8%23.4%19.0%23.4%
Put IV 25d23.5%21.7%25.1%22.5%25.1%
Bid-Ask Spread %76.4567.9284.1477.2171.56
Gamma HHI0.140.110.170.150.13
Net GEX3.5M1.8M5.3M4.3M5.2M
Net DEX-65.2M-97.6M2.6M-85.9M-74.1M
Net VEX-757.4K-800.3K-720.0K-736.2K-720.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.960.0715.811.531.34
Total Volume1,126.1433325,8122,567991
Total OI39,318.61933,45445,43343,06736,157

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$197.58$180.8220.5%5.8%31.7%11.7%19.7%3.6%-0.6%4.3M-85.9M-736.2K1.5377.21N/AN/A1,0151,55222,41920,648
2022-12-02$197.92$180.8220.5%5.6%29.0%11.9%20.8%3.8%-0.2%3.8M-87.8M-759.2K1.0778.15N/AN/A43446422,72021,216
2022-12-05$194.06$180.8221.4%6.0%30.0%17.5%25.5%3.8%0.2%2.5M-53.5M-750.8K0.8484.14N/AN/A91276220,89818,664
2022-12-06$191.87$180.8222.5%6.6%30.6%23.7%21.3%3.5%0.9%1.8M-35.0M-800.3K1.6583.31N/AN/A13422021,26919,212
2022-12-07$193.66$180.8221.4%6.2%30.5%17.2%21.8%3.5%0.7%2.4M-50.0M-787.6K0.8983.83N/AN/A3,0812,73121,32019,264
2022-12-08$194.09$180.8222.2%6.2%29.9%22.1%21.7%3.7%0.2%2.5M2.6M-795.1K1.2582.97N/AN/A46057423,41522,018
2022-12-09$194.92$180.8221.4%6.3%25.0%17.2%24.1%3.1%0.8%3.2M-54.5M-778.8K2.2382.13N/AN/A31470123,65419,741
2022-12-12$199.44$180.8221.2%6.6%25.6%16.2%21.3%3.8%1.7%4.4M-85.8M-778.5K0.5281.33N/AN/A1,06655822,08619,399
2022-12-13$200.24$188.6822.2%6.7%24.8%22.2%22.8%3.8%1.2%5.2M-97.6M-769.4K1.5779.65N/AN/A19330323,11919,761
2022-12-14$198.97$188.6821.2%6.4%24.2%15.9%24.0%4.0%0.5%3.6M-85.5M-778.6K4.8180.85N/AN/A10852023,14319,895
2022-12-15$196.50$188.6821.5%6.3%25.1%17.7%21.2%3.6%0.4%2.7M-67.7M-766.4K15.8180.77N/AN/A6094523,18120,236
2022-12-16$196.00$188.6820.9%6.1%24.3%14.5%21.6%3.9%0.6%2.4M-57.1M-763.8K0.5683.70N/AN/A39321923,21320,562
2022-12-19$194.88$188.6821.6%6.2%23.3%18.3%20.6%4.5%-0.7%2.1M-40.0M-740.1K3.0867.92N/AN/A21666716,52216,932
2022-12-20$196.12$196.5421.2%6.1%19.3%15.7%21.7%3.4%-0.1%2.6M-49.4M-756.0K0.8170.16N/AN/A38831416,70517,643
2022-12-21$198.35$196.5420.1%5.8%19.5%9.4%20.6%2.7%1.0%3.4M-64.3M-746.9K0.4068.69N/AN/A54721616,93017,808
2022-12-22$198.58$196.5421.0%6.1%19.5%14.8%20.7%3.7%-0.5%3.4M-66.6M-754.7K0.8570.53N/AN/A19816817,08818,014
2022-12-23$199.91$196.5420.7%5.8%19.5%12.9%21.4%3.3%1.9%3.9M-74.4M-746.6K1.0168.33N/AN/A21821917,21018,131
2022-12-27$200.61$196.5420.6%6.2%19.3%12.4%21.8%2.3%2.2%4.2M-80.9M-724.9K0.2868.47N/AN/A44012217,00817,743
2022-12-28$199.01$196.5420.8%6.4%19.3%13.6%22.2%2.7%2.7%3.9M-69.5M-731.0K0.5469.50N/AN/A21511717,44317,847
2022-12-29$202.07$196.5421.6%6.1%16.3%18.4%22.8%3.4%2.6%5.3M-91.8M-720.6K0.0772.33N/AN/A8336117,52817,929
2022-12-30$199.72$196.5422.9%6.2%16.5%26.1%21.6%1.7%2.4%5.2M-74.1M-720.0K1.3471.56N/AN/A42456718,18617,971